ACTIVE

ASSOCIATE DIRECTORS

Financial year 2025 · Closed on 31/12/2025

Net result-43,6 k €-160,5 %over 1 year
Gross margin369,7 k €-21,6 %over 1 year
Equity386,5 k €-44,4 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATE DIRECTORS is a Private limited company incorporated in 1991. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.202.896
Incorporation
07/03/1991
Legal form
Private limited company
Registered office
Helmstraat 139 box A
2140 Antwerpen · FlandreSee on map
Contributed capital
20 162,40 €
Latest accounts
31/12/2025
Joint committees (1)
  • 227
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin369,7 k €471,6 k €311,8 k €105,4 k €204,5 k €
EBITDA323,2 k €432,4 k €275,8 k €87,4 k €196,7 k €
Operating result-41,3 k €80,4 k €68,6 k €-27,9 k €32,2 k €
Net result-43,6 k €72,1 k €57,2 k €-28,7 k €23,3 k €
Balance sheet
Equity386,5 k €694,9 k €774,1 k €676,4 k €670,5 k €
Total assets480,1 k €858,9 k €939,5 k €773,7 k €756,2 k €
Cash60,6 k €140,8 k €133,7 k €84,8 k €214,2 k €
Debts93,6 k €137,3 k €99,3 k €54,6 k €62,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Midnight Blue1023.373.457Represented by Nina Landau
Directorsince 16/07/2025
Bram CROLS
Directorsince 01/05/2007
Jan LAPEIRE
Directorsince 01/05/2007Manager2006 accountsended
Marc DAEMS
DirectorManaging director01/05/2007 → 2024 accountsendedManager2006 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mark DAEMS
Managing director01/05/2007 → 2023 accounts

Other companies at this address

Helmstraat 139 2140 Antwerpen
CompanyCBE no.
DocADdict● Active
0899.318.573
Factory● Active
0844.832.287
RED FISH● Active
0474.004.059

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202627/06/202527/08/202419/08/202329/06/202218/06/2021
General meeting19/06/202625/06/202521/06/202428/04/202328/06/202219/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202631/08/2026DutchPDF
Micro model31/12/202425/06/202527/06/2025DutchPDF
Micro model31/12/202321/06/202427/08/2024DutchPDF
Micro model31/12/202228/04/202319/08/2023DutchPDF
Micro model31/12/202128/06/202229/06/2022DutchPDF
Micro model31/12/202019/05/202118/06/2021DutchPDF
Micro model31/12/201909/09/202010/09/2020DutchPDF
Micro model31/12/201826/04/201928/08/2019DutchPDF
Abridged model31/12/201727/04/201829/08/2018DutchPDF
Abridged model31/12/201628/04/201731/05/2017DutchPDF
Abridged model31/12/201522/04/201619/08/2016DutchPDF
Abridged model31/12/201424/04/201527/08/2015DutchPDF
Abridged model31/12/201325/04/201408/07/2014DutchPDF
Abridged model31/12/201226/04/201327/08/2013DutchPDF
Abridged model31/12/201127/04/201214/08/2012DutchPDF
Abridged model31/12/201022/04/201111/08/2011DutchPDF
Abridged model31/12/200930/04/201002/07/2010DutchPDF
Abridged model31/12/200824/04/200929/07/2009DutchPDF
Abridged model31/12/200725/04/200822/08/2008DutchPDF
Abridged model31/12/200627/04/200729/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Midnight Blue1023.373.457Represented by Nina Landau
Directorsince 16/07/2025
Bram CROLS
Directorsince 01/05/2007
Jan LAPEIRE
Directorsince 01/05/2007Manager2006 accountsended
Marc DAEMS
DirectorManaging director01/05/2007 → 2024 accountsendedManager2006 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mark DAEMS
Managing director01/05/2007 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office06/08/2012
    verplaatsing zetel cvba Associate Directors
    PDF
  • Other20/07/2007
    Wijziging betreft aanstelling van een Raad van Bestuur
    PDF
  • Capital / shares14/01/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Midnight Blue
BRAM CROLS
Marc Daems
Jan Lapeire
Mark DAEMS
199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ASSOCIATE DIRECTORS
Helmstraat 139 bte A, 2140 Borgerhout (Antwerp)Helmstraat 139 A, 2140 Borgerhout (Antwerp)
Director
Director
DirectorManaging director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Helmstraat 139 bte A, 2140 Borgerhout (Antwerp)Current
accounts 2025
Accounts 2025 · 2026-00496423
Helmstraat 139 A, 2140 Borgerhout (Antwerp)
accounts 2021 → 2024
Accounts 2024 · 2025-00194513

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ASSOCIATE DIRECTORSCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00496423

Events

  1. 2025
    Annual accounts 2025-43,6 k €↓
  2. 2024
    Annual accounts 202472,1 k €↑
  3. 2023
    Annual accounts 202357,2 k €↑
  4. 2022
    Annual accounts 2022-28,7 k €↓
  5. 2021
    Annual accounts 202123,3 k €↑
  6. 2020
    Annual accounts 2020-5,1 k €↓
  7. 2019
    Annual accounts 201995,1 k €↑
  8. 2018
    Annual accounts 2018-14,6 k €↓
  9. 2017
    Annual accounts 2017-10,8 k €↓
  10. 2016
    Annual accounts 201624,4 k €↑
  11. 2015
    Annual accounts 2015-2,1 k €↓
  12. 2014
    Annual accounts 201413,6 k €↓
  13. 2013
    Annual accounts 201385,4 k €↑
  14. 2012
    Annual accounts 20128 k €↓
  15. 2011
    Annual accounts 201117,7 k €↑
  16. 2010
    Annual accounts 20108,4 k €↑
  17. 2009
    Annual accounts 2009-489,7 €↑
  18. 2008
    Annual accounts 2008-2,9 k €↓
  19. 2007
    Annual accounts 200733,9 k €↑
  20. 2006
    Annual accounts 200629,5 k €
  21. 07/03/1991
    IncorporationPrivate limited company